Economy
In a significant development that underscores the changing dynamics of the African banking sector, Morocco's Competition Council has given the green light for Saham Finances to acquire a controlling stake in Societe Generale Marocaine de Banques. This move, valued at over 8 billion Moroccan dirhams......
As the early Moroccan fruit and vegetable season draws to a close, industry insiders report a complex landscape of challenges and opportunities that have shaped this year's export performance. Despite facing numerous obstacles, including European farmer strikes, unpredictable weather patterns, and......
In a move aimed at facilitating the internationalization of French companies towards the Maghreb region, the public investment bank Bpifrance has announced the launch of a dedicated fund, following a promise made by President Emmanuel Macron. This initiative underscores the government's commitment......
In a significant development for European-Moroccan trade relations, Spain has solidified its position as the leading exporter from the European Union to Morocco in 2023. According to the latest figures from the Spanish Embassy in Rabat, Spain commanded an impressive 36.8% of the EU's total exports......
Airbus, the aerospace behemoth, is embarking on a bold venture to bolster its manufacturing capabilities by tapping into Morocco's burgeoning aerospace sector. This strategic pivot signals Morocco's ascent as a formidable contender in the global aerospace arena. During a visit to the Airbus......
Morocco's commitment to sustainable energy receives a significant boost as Tarik Moufaddal assumes the role of Chief Executive Officer at the Moroccan Agency for Sustainable Energy (MASEN). Moufaddal's appointment, endorsed during a ministerial council led by King Mohammed VI in Casablanca, marks......
Morocco has solidified its position as the undisputed leader in the European Union's tomato import market, capturing an astounding 65% share in 2023. This commanding presence has sent shockwaves through the agricultural sector, leaving many to ponder the implications of Morocco's ascendancy. As......
In a testament to the evolving dynamics between France and Morocco, recent data highlights Morocco's ascendance as the primary source country for French visa applications in 2023. Figures from Schengen Visa Statistics, disclosed to Morocco World News, reveal a notable milestone: Moroccan citizens......
In the wake of recurrent international transportation crises plaguing the global economy since the COVID-19 pandemic, Morocco emerges as a compelling destination for companies seeking to recalibrate their global manufacturing strategies. The French retail giant Decathlon, known for its vast array of......
